Is Brandon, SD 57005 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Brandon is a seller’s market. With about 2 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score64/ 100

More competitive than 67% of U.S. ZIP codes, and #1 of 33 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list29%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$189▲ +1.6% vs. last year

The Brandon housing market right now

In the three months ending August 31, 2026, 29% of homes in Brandon, SD 57005 sold above their list price, the typical home went under contract in 34 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 22%, homes sold more slowly (24 days then) and the median sale price rose 4% to $390,831. Overall, Brandon is more competitive than a year ago, so tougher for buyers.

Within Minnehaha County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Brandon ranks #1 of 33 SD ZIP codes with enough sales (score 64 out of 100).

Nearby, buyers who want less competition could look at Valley Springs 57068 (0% sold over asking) or Garretson 57030 (0% sold over asking), while Dell Rapids 57022 (54% sold over asking) and Colton 57018 (40% sold over asking) are even more competitive.

Nearby markets

Baltic 57003Seller’s market $194 /sq ftColton 57018 $146 /sq ftCrooks 57020Balanced $169 /sq ftDell Rapids 57022Seller’s market $192 /sq ft Browse all markets →

Where Brandon is

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Questions about Brandon real estate

Is Brandon a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Brandon, SD 57005 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Brandon?

The typical home went under contract in 34 days in the latest three months.

Do homes in Brandon sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Brandon?

About 1.14% of a home’s value a year in Minnehaha County, or roughly $4,560 on a $400,000 home.

What is the median home price in Brandon?

The median sale price was $390,831 in the three months ending August 31, 2026, about $189 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology